XML 21 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Jan. 02, 2016
Statement of Cash Flows [Abstract]      
Net income $ 1,269 $ 695 $ 614
Depreciation and amortization 481 517 [1] 534 [1]
Postretirement benefit plan expense (427) 198 320
Deferred income taxes (56) (26) (169)
Stock compensation 66 63 51
Venezuela deconsolidation 0 72 0
Venezuela remeasurement 0 11 169
VIE deconsolidation 0 0 (49)
Noncurrent income taxes payable 144 (12) (21)
Other 27 (62) 8
Postretirement benefit plan contributions (44) (33) (33)
Trade receivables (57) 21 (127)
Inventories 80 7 (42)
Accounts payable 193 124 427
Accrued income taxes (29) 4 29
Accrued interest expense 3 7 5
Accrued and prepaid advertising, promotion and trade allowances 34 14 7
Accrued salaries and wages (27) (7) 20
All other current assets and liabilities (11) 35 (52)
Net cash provided by (used in) operating activities 1,646 1,628 1,691
Additions to properties (501) (507) (553)
Acquisitions, net of cash acquired (592) (398) (161)
Reduction of cash due to Venezuela deconsolidation 0 (2) 0
Investments in unconsolidated entities 0 27 (456)
Acquisition of cost method investments (7) (2) 0
Other 6 (11) 43
Net cash provided by (used in) investing activities (1,094) (893) (1,127)
Net increase (reduction) of notes payable, with maturities less than or equal to 90 days 153 (918) 443
Issuances of notes payable, with maturities greater than 90 days 17 1,961 214
Reductions of notes payable, with maturities greater than 90 days (238) (1,831) (283)
Issuances of long-term debt 1,251 2,657 696
Reductions of long-term debt (632) (1,737) (606)
Net issuances of common stock 97 368 261
Common stock repurchases (516) (426) (731)
Cash dividends (736) (716) (700)
Net cash provided by (used in) financing activities (604) (642) (706)
Effect of exchange rate changes on cash and cash equivalents 53 (64) (50)
Increase (decrease) in cash and cash equivalents 1 29 (192)
Cash and cash equivalents at beginning of period 280 251 443
Cash and cash equivalents at end of period 281 280 251
Interest paid 258 405 228
Income taxes paid 352 256 337
Additions to properties included in accounts payable $ 151 $ 161 $ 147
[1] Includes asset impairment charges as discussed in Note 14.